Mortgage and Financial News From 2008-9-30 Page 2

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  • Financial experts offer advice (WTHR Indianapolis)

    Financial experts answer your questions about the economic bailout.
    2008-09-30 03:55:15

  • As Big Banks Converge, Depositors Find Deals At Smaller Institutions (WallStreet Journal via Yahoo! Finance)

    A look at options for rate-sensitive depositors and borrowers, from smaller community banks and online institutions to credit unions and brokerage firms.
    2008-09-30 08:33:56

  • How to solve the credit crisis with no bailout - San Francisco Gate

    Tuesday, September 30, 2008 The proposal that died in Congress on Monday was one that sought to resolve symptoms. It has the government buying mortgage-backed securities at a discount from the firms who own them. That way, while helping to ...
    2008-09-29 05:53:00

  • The Credit You Deserve - Newsweek

    Wall Street's problems have captured the attention of Congress, the White House and the media. But on the country's Main Streets, worried workers, struggling small business owners and cash-strapped families are wondering if anyone is paying attention ...
    2008-09-30 05:09:00

  • Texas Community Banks in better shape - Kerrville Daily Times

    The Independent Bankers of Texas held its annual meeting last week in Bastrop. There was much discussion and elaboration regarding the current economic turmoil especially in light of the recent proposals by the U S Treasury, currently referred to as ...
    2008-09-30 08:44:00

  • World financial crisis reveals vulnerability of Russia’s economy - World Socialist Web Site

    Shocks throughout the world financial system, centered in the financial meltdown in the US, led by mid-September to a sharp fall on the Russian stock markets. The country is facing its greatest banking crisis since the default of August 1998 ...
    2008-09-30 08:51:00

  • Consumers keeping eye on Wall Street crunch - WTHR

    Indianapolis - The big question for many people is what the problems on Wall Street and stalemate in Washington mean for them. Many businesses operate on credit, in much the same way cars run on gasoline. When there is a shortage like the one in the ...
    2008-09-29 05:53:00

  • Another Blow to Banks: Securities Underwriting Dries Up - Wall Street Journal

    The market storms that have reshaped the face of Wall Street also took a big bite out of new stock and bond sales in the third quarter. The underwriting drought is just another blow to banks and securities firms battered by asset write-downs that ...
    2008-09-30 09:13:00

  • Family Facing Foreclosure - ABC2 News

    The rain falls on an empty house in Owings Mills. Larry Crowder, his wife of 19 years and his two daughters, 11 and 17, used to live there; that is, until the threat of foreclosure forced them out. “I talked to a lawyer and he said the best thing ...
    2008-09-30 07:04:00

  • Good time to buy house says Pero - Stuff

    Mortgages are still competitive and available, but first home buyers may need a bigger deposit, mortgage broker Mike Pero says. However, if people have enough cash it's a good time to buy. Mr Pero told Fairfax Media that in the wake of the subprime ...
    2008-09-30 08:08:00

  • A Trickle-Up Bailout? - Washington Post

    The theory underlying the bailout plan stalled in Congress is that rescuing the finance industry will restore market stability and that the benefits will eventually trickle down to average Americans. Thus, solving the subprime mortgage crisis has ...
    2008-09-30 08:58:00

  • Tesco to take advantage of major banks’ current woes - Herald

    SIR TERRY LEAHY: 'No secret we have lost customers.' Tesco could start offering current accounts and mortgages as early as next year to take advantage of banks' current problems, but is first trying to cover its back by boosting its range of discount ...
    2008-09-30 07:25:00

  • BAA Picks HSBC, RBS to Advise on Sale of London Gatwick Airport - Bloomberg

    Oct. 1 (Bloomberg) -- BAA Ltd. , the world's biggest airport company, picked HSBC Holdings Plc and Royal Bank of Scotland Group Plc as advisers to prepare the sale of London Gatwick airport, four people familiar with the matter said. The banks may ...
    2008-09-30 05:09:00

  • Specialists: Inaction on bailout will bring pain - Boston Globe

    Economists and academics surveyed by the Globe yesterday said the Bush administration and congressional leaders should not scrap the defeated $700 billion bailout for financial firms, but rather make modest changes to win over enough opponents to ...
    2008-09-30 09:20:00

  • Failed Deals Replace Real Estate Boom (New York Times)

    After seven years of nonstop construction and skyrocketing rents the credit crisis may be bringing New York?s real estate boom to an end.
    2008-09-30 07:28:17

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